DABS vs. SLON

Last updated Jul 15, 2026

DABS (DoubleLine Asset-Backed Securities ETF) and SLON (ProShares Ultra Solana ETF) are both exchange-traded funds - DABS is a Nontraditional Bonds fund actively managed by DoubleLine, while SLON is a Cryptocurrency fund tracking the Bloomberg Solana Index. DABS is actively managed, while SLON is passively managed. Over the past year, DABS returned 5.13% vs -89.75% for SLON. At a 0.12 correlation, their price movements are largely independent. DABS charges 0.40%/yr vs 2.14%/yr for SLON.

Performance

DABS vs. SLON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DoubleLine Asset-Backed Securities ETF (DABS) and ProShares Ultra Solana ETF (SLON). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DABS achieves a 1.56% return, which is significantly higher than SLON's -72.38% return.

DABS

• 1D: 0.18%
• 1M: 0.44%
• 6M: 1.46%
• YTD: 1.56%
• 1Y: 5.13%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SLON

• 1D: 5.20%
• 1M: 27.88%
• 6M: -79.21%
• YTD: -72.38%
• 1Y: -89.75%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DABS vs. SLON - Yearly Performance Comparison

	2026 (YTD)	2025
DABS DoubleLine Asset-Backed Securities ETF	1.56%	3.52%
SLON ProShares Ultra Solana ETF	-72.38%	-62.89%

Correlation

The correlation between DABS and SLON is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 15, 2025	0.12

Return for Risk

DABS vs. SLON — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DABS

DABS Risk / Return Rank: 86
DABS Sharpe Ratio Rank: 83
DABS Sortino Ratio Rank: 88
DABS Omega Ratio Rank: 87
DABS Calmar Ratio Rank: 88
DABS Martin Ratio Rank: 85

SLON

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DABS vs. SLON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DoubleLine Asset-Backed Securities ETF (DABS) and ProShares Ultra Solana ETF (SLON). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DABS	SLON	Difference
Sharpe ratio: Return per unit of total volatility	2.10	—	—
Sortino ratio: Return per unit of downside risk	3.23	—	—
Omega ratio: Gain probability vs. loss probability	1.42	—	—
Calmar ratio: Return relative to maximum drawdown	3.99	—	—
Martin ratio: Return relative to average drawdown	13.72	—	—

Drawdowns

DABS vs. SLON - Drawdown Comparison

The maximum DABS drawdown since its inception was -1.47%, smaller than the maximum SLON drawdown of -96.31%. Use the drawdown chart below to compare losses from any high point for DABS and SLON.

Drawdown Indicators

	DABS	SLON	Difference
Max Drawdown Largest peak-to-trough decline	-1.47%	-96.31%	+94.84%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	-96.31%	+95.02%
Current Drawdown Current decline from peak	-0.14%	-94.81%	+94.67%
Average Drawdown Average peak-to-trough decline	-0.30%	-66.97%	+66.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.38%	—	—

Volatility

Volatility by Period

	DABS	SLON	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.68%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.70%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	2.46%	147.68%	-145.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.55%	147.68%	-145.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.55%	147.68%	-145.13%

DABS vs. SLON - Expense Ratio Comparison

DABS has a 0.40% expense ratio, which is lower than SLON's 2.14% expense ratio.

Dividends

DABS vs. SLON - Dividend Comparison

DABS's dividend yield for the trailing twelve months is around 4.86%, less than SLON's 20.79% yield.

Position	TTM	2025
DABS DoubleLine Asset-Backed Securities ETF	4.86%	3.81%
SLON ProShares Ultra Solana ETF	20.79%	5.74%

Frequently Asked Questions

Can I hold both DABS and SLON in my portfolio?

DABS and SLON have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, DABS or SLON?

On 1-year performance, DABS leads with 5.13% vs -89.75% for SLON. On fees, DABS is cheaper at 0.40% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DABS or SLON?

Over the 1-year period, DABS has performed better with a 5.13% return vs -89.75%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DABS or SLON?

DABS is cheaper with a 0.40% expense ratio, compared with 2.14% for SLON.

Which ETF pays a higher dividend yield, DABS or SLON?

SLON has the higher dividend yield at 20.79%, compared with 4.86% for DABS.

What is the main difference between DABS and SLON?

DABS is categorized as Nontraditional Bonds, while SLON is Cryptocurrency. They also come from different issuers: DoubleLine and ProShares. Their fees differ too: 0.40% for DABS and 2.14% for SLON.